Jewel-Osco stores will be sold to a consortium of investors led by Cerberus Capital Management, Jewel’s parent Supervalu said Thursday.

The deal, valued at $3.3 billion, also includes the Albertsons, Acme, and Shaw stores.
The announcement ends months of speculation that all or parts of the troubled grocery chain would be sold to New York-based Cerberus, an investment firm. Supervalu acquired Jewel in 2006 as part of a larger, complex acquisition of the Albertsons company.

Read the entire article from the Chicago Tribune here.

Goddess predicted this when Cerberus announced they were selling their Freedom Group, freeing up a whole buncha cash.  Cerberus bought firearms maker Bushmaster in 2006 and later merged it with other gun companies to form Freedom Group.  So what’s more wholesome than a gun group?  Well, anything, actually, but grocery stores have to be right up there.